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Sterling Broadens Gains as BoE Repricing Builds and GDP Confirms Resilience; EUR/GBP Presses Breakdown, GBP/CHF Tests Breakout
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Action Forex
Wednesday, September 30, 2026 at 09:51 AM UTC

Sterling Broadens Gains as BoE Repricing Builds and GDP Confirms Resilience; EUR/GBP Presses Breakdown, GBP/CHF Tests Breakout

Currency Pairs:💱 EUR-GBP💱 GBP-CHF
SwitzerlandUnited KingdomEuropeGDP

TL;DR: Sterling's rally started before today's stronger UK GDP data—markets now price an 89.2% probability of a November BoE hike and a terminal rate near 4.86%, with GDP confirming the hawkish repricing already underway rather than triggering it.

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